Rendering

Component: (Network and Table)
Network
2309301 - Disclosure - ASSET RETIREMENT OBLIGATION (Tables)
(http://www.northernoil.com/role/AssetRetirementObligationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001104485 (http://www.sec.gov/CIK)
Asset Retirement Obligation [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Asset Retirement Obligation [Abstract]
 
Asset retirement obligation transactions
The following table summarizes the Company’s asset retirement obligation transactions recorded during the year ended December 31, 2016 and 2015.

 
Years Ended December 31,
 
2016
 
2015
Beginning Asset Retirement Obligation
$
5,816,356

 
$
5,105,762

Liabilities Acquired or Incurred During the Period
585,729

 
475,306

Liabilities Removed Due to Divestitures
(21,426
)
 
—

Revision of Estimates
789,003

 
(53,912
)
Accretion of Discount on Asset Retirement Obligations
405,991

 
372,461

Liabilities Settled During the Period
(67,353
)
 
(83,261
)
Ending Asset Retirement Obligation
$
7,508,300

 
$
5,816,356